Obtaining a patent provides the patentee with the ability to offer a potential entrant a license to operate within the patent that has been claimed. This paper shows that the patentee always has an incentive to provide a license if the patentee is unable to use patent breadth to deter entry (if...

Innovation is critical to the survival of agricultural businesses in the U.S. yet few universities have classes in their curricula that focus on innovation and innovation management. Innovation includes developing new processes and concepts and taking products based on those ideas to market. By...

This study develops a theoretical framework of heterogeneous consumer preferences to examine the effect of voluntary and mandatory country of origin labeling (COOL) on consumer purchasing decisions and welfare when consumers view COOL information as an attribute that differentiates products...